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Editorial Results (free)

1. Tile Shop Inks Lease for First Area Store -

A specialty retailer of high-quality tile will open its first location in Memphis later this year.

The Tile Shop is in the final stages of negotiating a roughly 20,000-square-foot lease at 1245 Germantown Parkway, between Cordova Road and Autumn Creek Drive, in the Germantown Square Shopping Center in Cordova, according to company representative Lindsey Rose.

2. Shelby County Mortgages Up in October -

The Federal Reserve has signaled its intent to buy mortgage-backed securities for much of the near future to try and goose the economy, which means mortgage rates are liable to keep skating along the bottom, as they are now.

3. Local Mortgage Market Up In July -

Spurred by interest rates that look to stay at record lows for the near future, local homebuyers keep coming out of the woodwork.

The trend manifested itself in a healthy pickup in mortgage activity last month. Total mortgage volume throughout Shelby County was up almost 30 percent over July 2011, climbing to $143 million in July 2012 from $111.7 million during the same period last year, according to real estate information company Chandler Reports, www.chandlerreports.com.

4. Q2 Mortgages up 14 Percent -

Shelby County’s mortgage market is continuing to turn a corner, with more buyers during the second quarter signing on the dotted line and bankers handing over a shiny new set of keys.

During the second three months of 2012, banks and mortgage lenders in Shelby County made 2,149 purchase mortgages, up 14 percent from the 1,878 mortgages during Q2 2011, according to real estate information company Chandler Reports, www.chandlerreports.com.

5. Sotomayor Wins GOP Backers After Smooth Hearings -

WASHINGTON (AP) -U.S. Supreme Court nominee Sonia Sotomayor won her first public pledges of support from Senate Republicans and one prominent GOP opponent, after a smooth performance at her confirmation hearings that has placed her firmly on track to become the high court's first Latina and the first Democratic-named justice in 15 years.

6. FRS Powersports Building New Motorcycle/ATV Shop -

2175 Whitten Road
Memphis, TN 38133
Loan Amount: $2 Million

Loan Date: Oct. 31, 2008
Maturity Date: Nov. 1, 2009
Borrower: FRS Industries Inc.
Lender: BancorpSouth Bank

7. Sprawling Sports Complex Started as One Man's Vision -

Kim Talley is not your average soccer mom.

As the general manager of Mike Rose Soccer Complex near Collierville, her days of driving her three kids to practices and games are over, but she still sees her grown children very often, she said.

8. YMCA Board of Directors Names New CEO -

The YMCA metropolitan board of directors named Keith G. Johnson CEO of YMCA of the Memphis & the Mid-South. Johnson is a 27-year YMCA veteran who has served in various positions in Atlanta, Fort Worth and New Orleans. His earliest position with YMCA of Memphis & the Mid-South was as vice president and executive director of the Fogelman Downtown YMCA. He graduated from Georgia State University.

9. Archived Article: Newsmakers - Allstate Insurance Honors Scientists with Awards

Allstate Insurance Honors Area Scientists

Allstate Insurance honored the following scientists with its From Whence We Came awards: Dr. Daniel L. Hunt, biostatistician with St. Jude Childrens Res...